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2013 (10) TMI 120

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..... C (AR) ORDER Per P.K. Das; 1. Applicant No.1 filed this application for waiver of predeposit of duty of Rs.29,99,322/- along with interest and penalty and applicant No.2, partner of Applicant No.1 filed application for waiver of predeposit of penalty of Rs.1,00,000/-. 2. Heard both sides and perused the records. 3. Applicant No.1 imported knitting and embroidery machines under 4 EPCG licences .....

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..... non-mention of their name in the shipping bill, DEPB benefit of Rs.2,81,687/- was denied. 4. On the other hand, Ld. AR for Revenue submits that Commissioner (Appeals) directed them to make a pre-deposit of entire amount of duty for hearing the appeal which was not complied. She submits that appeal was rejected for non-compliance of the stay order. Regarding merits of the case, she submits that c .....

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..... /- (Rupees Seven lakhs only) within 8 weeks. Upon deposit of the said amount, predeposit of balance amount of duty and interest and penalty on applicant No.1 and penalty on applicant No.2 would be waived and its recovery is stayed during pendency of the respective appeals. Compliance to be reported on 20.11.2013. Both sides are at liberty to mention on the date of compliance for hearing the appeal .....

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